In the past week, SRE stock has gone up by 4.43%, with a monthly gain of 1.73% and a quarterly plunge of -0.79%. The volatility ratio for the week is 2.09%, and the volatility levels for the last 30 days are 1.73% for Sempra The simple moving average for the last 20 days is 1.70% for SRE’s stock, with a simple moving average of -0.68% for the last 200 days.
Is It Worth Investing in Sempra (NYSE: SRE) Right Now?
Sempra (NYSE: SRE) has a higher price-to-earnings ratio of 14.85x compared to its average ratio. SRE has 36-month beta value of 0.71. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 5 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for SRE is 631.87M, and currently, short sellers hold a 1.91% ratio of that float. The average trading volume of SRE on April 23, 2024 was 3.03M shares.
SRE) stock’s latest price update
Sempra (NYSE: SRE)’s stock price has gone rise by 1.50 in comparison to its previous close of 70.08, however, the company has experienced a 4.43% increase in its stock price over the last five trading days. PRNewsWire reported 2024-04-19 that DALLAS, April 19, 2024 /PRNewswire/ — Oncor Electric Delivery Company LLC (“Oncor”) plans to release its first quarter 2024 results on May 7, prior to Sempra’s (NYSE: SRE) (BMV: SRE) first quarter 2024 results conference call. Oncor’s earnings release will be available on Oncor’s website, oncor.com.
Analysts’ Opinion of SRE
Many brokerage firms have already submitted their reports for SRE stocks, with BMO Capital Markets repeating the rating for SRE by listing it as a “Outperform.” The predicted price for SRE in the upcoming period, according to BMO Capital Markets is $84 based on the research report published on January 11, 2024 of the current year 2024.
Ladenburg Thalmann, on the other hand, stated in their research note that they expect to see SRE reach a price target of $81.50. The rating they have provided for SRE stocks is “Buy” according to the report published on January 03rd, 2024.
JP Morgan gave a rating of “Overweight” to SRE, setting the target price at $86 in the report published on December 12th of the previous year.
SRE Trading at 1.12% from the 50-Day Moving Average
After a stumble in the market that brought SRE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.46% of loss for the given period.
Volatility was left at 1.73%, however, over the last 30 days, the volatility rate increased by 2.09%, as shares surge +1.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.85% upper at present.
During the last 5 trading sessions, SRE rose by +4.43%, which changed the moving average for the period of 200-days by -1.35% in comparison to the 20-day moving average, which settled at $70.01. In addition, Sempra saw -4.82% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SRE starting from BIRD JUSTIN CHRISTOPHER, who sale 6,278 shares at the price of $70.60 back on Mar 08 ’24. After this action, BIRD JUSTIN CHRISTOPHER now owns 13,434 shares of Sempra, valued at $443,227 using the latest closing price.
Sedgwick Karen L, the Executive VP and CFO of Sempra, sale 3,624 shares at $70.59 during a trade that took place back on Mar 08 ’24, which means that Sedgwick Karen L is holding 39,400 shares at $255,818 based on the most recent closing price.
Stock Fundamentals for SRE
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.36 for the gross margin
The net margin for Sempra stands at 0.19. The total capital return value is set at 0.04. Equity return is now at value 11.02, with 3.71 for asset returns.
Based on Sempra (SRE), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 1.04. The interest coverage ratio of the stock is 2.2.
Currently, EBITDA for the company is 5.3 billion with net debt to EBITDA at 5.2. When we switch over and look at the enterprise to sales, we see a ratio of 4.61. The receivables turnover for the company is 5.85for trailing twelve months and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.54.
Conclusion
To put it simply, Sempra (SRE) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
